JPY
JPY, Market Analysis, Technical Analysis
Japanese Yen flattens against US Dollar, BoJ policy takes centre stage
The Japanese Yen (JPY) trades almost flat against the US Dollar (USD) at around 157.80 during the European trade on Thursday. The USD/JPY pair consolidates as investors shift their focus to the Bank of Japan’s (BoJ) monetary policy announcement on Friday. BoJ meeting seen as a placeholder as markets focus on December Yen implications Analysts […]
by Currency Hedger
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- 17 hours ago
JPY, KRW, Market Analysis, Technical Analysis
FX Market Update: South Korean Won Leads Currency Gains as Euro Weakens
The South Korean won leads the latest currency performance snapshot, rising 0.48% as the US dollar index edges higher and the euro comes under modest pressure. The dollar index gains 0.07%, while the British pound and Japanese yen remain little changed. The mixed performance highlights divergent movements across major currencies, with the won recording the […]
by Currency Hedger
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- 17 hours ago
EUR, JPY, Market Analysis, Technical Analysis
EUR/JPY Price Forecast: Trades around 176.00 near nine-day EMA
EUR/JPY inches lower after registering modest gains in the previous day, trading around 175.90 during Asian hours on Thursday. Based on the technical analysis of the daily chart’s descending channel pattern, the currency cross maintains a clear bearish bias. The EUR/JPY cross is maintaining a bearish near-term bias as it holds below both the nine- […]
by Currency Hedger
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- 18 hours ago
AUD, JPY, Market Analysis, Technical Analysis
AUD/JPY Price Forecast: Softens below 111.50, retaining bearish bias under the 100-day SMA
The AUD/JPY cross trades in negative territory around 111.25 during the early European session on Thursday. Markets could turn cautious later in the day ahead of Tokyo’s Consumer Price Index (CPI) inflation report and the Bank of Japan (BoJ) interest rate decision on Friday. The BoJ is expected to leave interest rates unchanged at 1.25% […]
by Currency Hedger
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- 18 hours ago
EUR, GBP, INR, JPY, Market Analysis, NZD, Technical Analysis
New Zealand Dollar Leads Currency Losses as Won and Rupee Weaken Against a Firmer US Dollar
Foreign-exchange markets are showing a mixed performance, with the New Zealand dollar recording the steepest decline among the currencies listed, falling 1.36%. The South Korean won followed with a loss of 0.86%, while the Indian rupee and British pound also traded lower. The Japanese yen and US Dollar Index posted modest gains, while the euro […]
by Currency Hedger
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- 2 days ago
EUR, JPY, Market Analysis, Technical Analysis
EUR/JPY Price Forecast: Declines to near 175.50, bearish signals reinforce downside bias
The EUR/JPY cross trades in negative territory around 175.65 during the early European trading hours on Wednesday. The Japanese Yen (JPY) strengthens against the Euro (EUR) amid fears of currency intervention from Japanese authorities. Japanese Finance Minister Satsuki Katayama said on Tuesday that the government stood ready to take decisive action in the currency market. […]
by Currency Hedger
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- 2 days ago
JPY, Market Analysis, Technical Analysis
Japanese Yen Forecast: USD/JPY Approaches 158 as AI Optimism Weakens Safe-Haven Demand
The Japanese yen is under renewed pressure, with USD/JPY approaching the 158 level as improving sentiment across the artificial intelligence sector reduces demand for traditional safe-haven currencies. Strong earnings from South Korean chipmaker SK Hynix have reinforced optimism surrounding AI-related investment and technology-sector profitability, encouraging a shift in investor positioning. The yen is also facing […]
by Currency Hedger
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- 2 days ago
JPY, Market Analysis, Technical Analysis
Chart of the Day: USDJPY Caught in a Trap. Tokyo Intervention and a Hawkish BoJ Loom
Key takeaways USDJPY remains in focus ahead of key meetings of the Federal Reserve and the Bank of Japan. On Tuesday, October 27, the pair is trading around 158 as investors prepare for decisions that could shape its direction over the coming weeks. Markets are not currently expecting an interest rate hike from either the […]
by Currency Hedger
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- 3 days ago
AUD, JPY, Market Analysis, Technical Analysis
AUD/JPY Price Forecast: Holds gains above 110.50, but bearish outlook persists below 100-day SMA
The AUD/JPY cross trades in positive territory around 110.75 during the early European trading hours on Tuesday. Hawkish tone from the Reserve Bank of Australia (RBA) provides some support to the Australian Dollar (AUD) against the Japanese Yen (JPY). Australia’s September inflation data will be the highlight later on Wednesday. On Friday, the Bank of […]
by Currency Hedger
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- 3 days ago
EUR, JPY, Market Analysis, Technical Analysis
EUR/JPY Price Forecast: Holds above 176.00 despite bearish bias
EUR/JPY remains stronger for the second successive day, trading around 176.20 during Asian hours on Tuesday. Based on the technical analysis of the daily chart’s descending channel pattern, the currency cross maintains a clear bearish bias. The EUR/JPY cross is maintaining a bearish bias as it holds beneath both the nine- and 50-day Exponential Moving […]
by Currency Hedger
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- 3 days ago